Why Is The Obvious Not So Obvious?

Discussion in 'Risk Management' started by nysestocks, Jan 25, 2009.

  1. Ed48

    Ed48

    Even though it was capable of delivering 1000% a year? :D

     
    #8121     Apr 25, 2022
  2. The OP also said "The obvious is simple, and it is because it is so simple that 99.999% do not even stop to try and work it out."

    When you've worked out the "obvious" then this puts you on the path to finding a profitable method. But I'd forget about finding the OP's holy grail of 1000% returns.
     
    #8122     Apr 26, 2022
  3. Traderz

    Traderz

    Is this thread a path to enlightment or an 813 page word salad? One thing I can agree with

    "those that are not prepared to think and act for themselves are doomed to failure" So true so true.

    "WHY" do the authors put the time and energy into to this thread? What is the motive?
     
    #8123     Apr 28, 2022
    Ed48 likes this.
  4. Vindago

    Vindago

    Trading is boring, sometimes you need a distraction:D:D:D
     
    #8124     Apr 28, 2022
    Axon and Ed48 like this.
  5. tyrion

    tyrion

    I don’t know what is the “official” obvious that is not obvious. But, I know 1 thing that is very simple and obvious but very hard to do and also is needed in all timeframes and most people will never know how to do it. Also, if told, people still will not make use of it and it’s hard to do for most since childhood. And this is something you need to do to make money and if you do you are automatically in the minority. I only don’t know how telling it can ruin the “edge” for those who know it so it probably this is not THE obvious. This thing that you need to know how to do is to wait. It’s obvious but not simple to do it properly.
     
    #8125     May 11, 2022
    Laissez Faire, Vindago and uscsun like this.
  6. Vindago

    Vindago

    Patience is most definitely an obvious pre-requisite to trade with any hope of success. It is necessary but not sufficient as what you really need is to know what to wait for:D
     
    #8126     May 14, 2022
    Laissez Faire and tyrion like this.
  7. tyrion

    tyrion

    Precisely.
     
    #8127     May 14, 2022
    Laissez Faire likes this.
  8. i guess the obvious trading is not a get rich quick scheme is one of the not so obvious to many people. New traders always come in expecting to make huge profits out of the gate and are often left disappointed when they lose everything. Proper education is vital to a successful trader.
     
    #8128     May 16, 2022
  9. odlareg

    odlareg

    Some contribuants to this tread posted valuable information on the other site. One of them summarised it as follows: AR + PE + BE = GM. Some of you will remember this.

    GO
     
    #8129     May 19, 2022
  10. Leob

    Leob

    #8130     May 19, 2022